sovereign debt restructuring
Sovereign Debt Restructuring
... the sovereign debt restructuring ...of sovereign debt problems and crises, and it includes more than the developing ...with debt payment problems, and these can be dated back to ...
6
A Soft Law Mechanism for Sovereign Debt Restructuring Based on the UN Principles
... for sovereign debt restructuring is gen- erating a large number of research ...of sovereign debt ...in restructuring processes, the working of the IMF debt sustainability ...
12
Sovereign Debt Restructuring, Odious Debt, and the Politics of Debt Relief
... of sovereign debt is the invasion of Iraq and the establishment of a new government ...odious debt was pulled out of the closet and dusted off as people looked for a way to address the financial ...
13
SOVEREIGN DEBT RESTRUCTURING AND ENGLISH GOVERNING LAW
... a Sovereign Debt Forum (SDF), which would be an incorporated non-profit, membership-based organization that would provide an independent standing body to research and preserve institutional memory on best ...
32
Sovereign Debt Restructuring: A Model-Law Approach
... unsustainable debt, such as imposing borrowing restrictions on ...to sovereign debt restructuring should consider ex ante ...a Sovereign Debt Forum (CIGI Paper ...of ...
43
Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment
... successful restructuring operations ...the sovereign is not required to reimburse expenses or professional ...a sovereign debt restructuring exceed those from a corporate ...
40
Sovereign Debt Restructuring and English Governing Law
... a Sovereign Debt Forum (SDF), which would be an incorporated non-profit, membership-based organization that would provide an independent standing body to research and preserve institutional memory on best ...
31
Defaulting the Purpose: The Future of Foreign Sovereign Debt Restructuring in the Wake of Argentina\u27s Debt Crisis
... between sovereign creditors and sovereign ...for sovereign debt restructuring caused by holdout ...foreign debt restructuring and ultimately concludes that all three are ...
33
Sovereign Debt Restructuring Options: An Analytical Comparison
... restructure debt pursuant to voluntary codes of ...the Sovereign Debt Restructuring Process: Problems in Restructuring, Proposed Solutions, and a Roadmap for Reform 10 (2003) ...
28
Towards a voluntary Code of good conduct for Sovereign Debt Restructuring.
... facilitating debt restructuring: the so-called “contractual approach” — based on the generalised inclusion of Collective Action Clauses (CAC) in bond contracts (see box 1) – and the “statutory approach” — ...
9
Foreign law court enforcement and delays in sovereign debt restructuring
... good, sovereign debt restructuring helps a country to share the risks in its income ...its debt but during recessions, the country receives a debt relief through a debt ...
194
Waiting for a haircut? A bargaining perspective on sovereign debt restructuring
... recent sovereign debt restructuring involving considerable delay secured substantial ...in sovereign debt restructuring all clearly worth ...
25
Waiting for a haircut? A bargaining perspective on sovereign debt restructuring
... Without question, much of this extra decade-long delay was due to the activities of holdout creditors, in particular those of the specialist funds. Before concluding that it is essential to include creditor heterogeneity ...
27
The Problem of Holdout Creditors in Eurozone Sovereign Debt Restructuring
... We believe that the Eurozone has within its power a unique ability to deflate expectations on the part of prospective holdouts that they will realize a higher recovery by staying out of the sovereign ...
11
Inter-creditor equity in sovereign debt restructuring : towards the establishment of a multilateral legal framework
... “all” sovereign debt ...International Debt Framework Commission. German Debt Network emphasizes the need for “all” claims to be treated in a “single” ...Fair Debt Restructuring ...
207
Identifying and Resolving Inter-creditor and Debtor-creditor Equity Issues in Sovereign Debt Restructuring
... of sovereign debt restructuring is played out not just between debtors and creditors, but also, importantly, between different types of ...with sovereign debt ...necessary debt ...
16
Fairness in sovereign debt restructuring
... a sovereign debtor is at least partially determined by debtor government ...Argentinean debt restructuring, the debtor government under president Nestor Kirchner signaled its willingness to aim at an ...
31
Euro CAC and the existing rules on sovereign debt restructuring in the Euro area : An appraisal four years after the Greek debt swap
... the restructuring process before an arbitral tribunal on the basis of a bilateral investment treaty (‘BIT’) concluded by Greece with ...the restructuring, the negotiations preceding it, the purpose pursued ...
23
Looking Forward: 2005-2010 A Sovereign Debt Restructuring Reverie
... The collective action problem, Steif learned, arises because the conflicting interests of a debtor State and its creditors make it difficult to reach complete agree[r] ...
11
The Role of International Reserves in Sovereign Debt Restructuring under Fiscal Adjustment
... of debt and reserve holdings, only the simulated distributions of the two variables are presented here 22 by showing the kernel density estimates of debt and reserves for a bandwidth choice varying between ...
47